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TikTok Warns U.S. Ban Could Cost Small Businesses and Creators $1.3 Billion in a Month

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TikTok warned that U.S. small businesses and social media creators would lose $1.3 billion in revenue and earnings in just one month if the...
Business

Venture Capitalist David Sacks Tapped for Trump Administration

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A venture capitalist who was a vocal supporter of Donald Trump during the campaign — and a critic of U.S. support for Ukraine —...
Business

China’s Chip Industry Faces New Hurdles as US Announces Restrictions

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The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip...
Business

Asian Markets Climb Following Wall Street Gains; Dollar Strengthens

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Asian stocks climbed on Monday, buoyed by record high closes on Wall Street, while the dollar bounced back from multiweek lows against the yen...
Business

DOW Surges 400 Points to A Record Close, while RUSSELL 2000 Hits a New High Amid Investor Optimism Over Trump’s Treasury Pick

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A broad stock rally pushed the Dow Jones Industrial Average, S&P 500 and small-cap focused Russell 2000 index to new records on Monday. Investors...
Business

Social Media Platforms Push Back on Australia’s Under-16 Ban Proposal

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An advocate for major social media platforms told an Australian Senate committee Monday that laws to ban children younger than 16 from the sites...
Business

Federal Charges Filed Against Oil Company Phillips 66 for Suspected Clean Water Act Violations

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Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California, authorities said Thursday. The Texas-based...
Business

Space Stocks Surge This Week, Fueled by the ‘Trump-Elon Trade’ Rally

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This past week saw several pure-play space stocks rally, with leaders up as much as 20% or more, in part driven by what sector...
Business

Frustrated Americans Await the Economic Transformations they Anticipated with Trump in Office

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Fed up with high prices and unimpressed with an economy that by just about any measure is a healthy one, Americans demanded change when...
Business

Tesla Stock Surge Adds $26 Billion to Elon Musk’s Wealth in Best Single Day Since 2013

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The world’s richest person got much richer Thursday as Tesla CEO Elon Musk enjoyed a historic rally for Tesla stock after the electric vehicle...
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